Wells Fargo hit with $33 million settlement — customers may receive surprise checks
Global Desk January 06, 2026 02:57 AM
Synopsis

Wells Fargo customers who were misled into paying for "free" monthly subscriptions will receive a share of a $33 million settlement. The bank allegedly facilitated Apex, Triangle, and Tarr entities in enrolling consumers without consent. Eligible consumers can claim compensation with proof of loss or a $20 flat payment by March 4, 2026.

Wells Fargo hit with $33 million settlement — customers may receive surprise checks
Some Wells Fargo customers could soon see money coming back their way. A $33 million class action settlement is moving forward after claims that consumers were misled into paying for “free” monthly subscriptions. The case centers on recurring charges that customers say they never knowingly approved.

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What is the Wells Fargo settlement about?


The settlement stems from allegations that Wells Fargo assisted Apex, Triangle, and Tarr entities by opening accounts used to process payments. According to the lawsuit, millions of dollars flowed through these accounts from consumers who believed they were signing up for free trials, as per a report by The US Sun.


Those offers involved products such as personal care items, electronic cigarettes, and dietary, health, or beauty supplements. Customers later discovered they had been enrolled in unwanted monthly subscriptions without consent.

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While Wells Fargo has not admitted wrongdoing, the bank agreed to the $33 million settlement to resolve the claims.

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Who qualifies for a payment?


The settlement applies to consumers who were enrolled in recurring billing by Apex, Triangle, or Tarr entities at any point since 2009. A complete list of the involved entities is available on the settlement website.

Class members who can provide proof of losses, such as bank statements, credit card records, or email receipts, may claim a proportional share of the settlement fund. The final payment amount depends on how many valid claims are submitted and may be reduced on a pro-rata basis, as per a report by The US Sun.

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How much money could consumers receive?

For those without documentation, the settlement still offers relief. Eligible claimants without proof may receive a flat $20 cash payment. However, all payouts may vary depending on the total number of claims filed.

Consumers who already received payments from the Federal Trade Commission related to similar cases against the Triangle or Apex entities do not need to submit a new claim to receive benefits, as per a report by The US Sun.

To participate, a valid claim form must be submitted by March 4, 2026. The deadline to opt out or file objections is March 5, 2026. A final approval hearing is scheduled for March 26, 2026.

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FAQs


Who is eligible for the Wells Fargo settlement?
Consumers charged recurring fees by Apex, Triangle, or Tarr entities since 2009 may qualify.

What if I don’t have proof of my charges?
You may still be eligible for a $20 flat payment, depending on total claims received.
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